Gold Silver Reports — The dollar benefited last week from comments from various Federal Reserve officials regarding the potential for an interest rate increase at the March 14-15 FOMC meeting.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
GST Council Decides on 5% Levy for Dhabas
Gold Silver Reports — The states and the Centre on Saturday decided on a 5% levy on dhabas and small restaurants under goods and services tax, while moving ahead with two key legislations, Central GST (CGST) and Integrated GST (IGST), with a final decision expected in a fortnight.
Donald Trump Relied on Conservative Media Sources
Gold Silver Reports — Donald Trump relied on conservative media sources to make his explosive claim that former President Barack Obama had the then-candidate’s phones tapped during the 2016 election campaign, according to a person familiar with the situation.
Yellen Points to March Rate Hike
Gold Silver Reports — The U.S. Federal Reserve’s long-stalled ‘liftoff’ of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regional leaders across the United States signaled that the era of easy money is drawing to a close.
Trump Opens Door to Immigration Reform in Speech to Congress
Gold Silver Reports — U.S. President Donald Trump said on Tuesday he was open to a broad overhaul of the U.S. immigration system, a shift from his hardline campaign rhetoric, as he made his first speech to Congress following a turbulent first month in office.
Financial Markets Awaited U.S. President Donald Trump Speech
Gold Silver Reports — The price of gold turned downward on Tuesday as the dollar came off its lows and financial markets awaited U.S. President Donald Trump’s speech to Congress later this evening regarding his policies on tax reforms and government spending.
India and Russia are Nearing a Joint Venture
Gold Silver Reports — India and Russia are nearing a joint venture to make light helicopters in India, reviving a plan announced by Russian President Vladimir Putin in 2015.